Wednesday, October 15, 2025 11:10:42 AM
Not a hoax, but more of a pipe dream. I can understand why it looks that way being in EM and 4 quarters without Fins.
Startups seem to always be close to going under and equally close to success. That is the nature of the business. This is still very much a start up with no revenue driving product. They are on shoe string budget somehow just making it by. All assets have dwindled except Blue Collar.
He is out making connections and trying to secure funding. Probably pretty hard with the app in it's current status. If more of it had been complete, and it was actually functional, I think it would be a different story.
Picture him going on Shark Tank right now with his pitch and they ask "how much revenue have you earned from the app"
Zero Revenue
It's not complete
We are hemorrhaging money
But we have lot's of ideas for it's capabilities
Stock isn't tradable
We haven't filed in a 3 quarters or last years annual
The list goes on...
But please give us 35 million for equity shares in our unprofitable business. Just saying, it's a very tough sell. Unless they have a version of the app we haven't seen with said capabilities like banking, crypto trading, sports betting, and everything else they said it would do, it's just an incomplete app at the moment.
The potential must be there and path to achieve it very clear for an investor/investors to drop 35 million. And so far they clearly haven't been. It's been several years of chasing down funders.
For all we know, they have found some funders, but they might want more than what is being offered, and ST3 isn't willing to give it up.
The other side of it could be the SEC holding things up too or simultaneously which could cause some delays or hinder the debt restructuring causing investors to balk. We have no idea because there is such little communication & updates.
It's been 2 months from the Realiz tokenization bond news, and no update. Then he said he was in talks with Emilio a few weeks ago.
Let's hope we don't finish the year with nothing. Next month will be 4 straight quarters if he doesn't file. I will still be here waiting!
Startups seem to always be close to going under and equally close to success. That is the nature of the business. This is still very much a start up with no revenue driving product. They are on shoe string budget somehow just making it by. All assets have dwindled except Blue Collar.
He is out making connections and trying to secure funding. Probably pretty hard with the app in it's current status. If more of it had been complete, and it was actually functional, I think it would be a different story.
Picture him going on Shark Tank right now with his pitch and they ask "how much revenue have you earned from the app"
Zero Revenue
It's not complete
We are hemorrhaging money
But we have lot's of ideas for it's capabilities
Stock isn't tradable
We haven't filed in a 3 quarters or last years annual
The list goes on...
But please give us 35 million for equity shares in our unprofitable business. Just saying, it's a very tough sell. Unless they have a version of the app we haven't seen with said capabilities like banking, crypto trading, sports betting, and everything else they said it would do, it's just an incomplete app at the moment.
The potential must be there and path to achieve it very clear for an investor/investors to drop 35 million. And so far they clearly haven't been. It's been several years of chasing down funders.
For all we know, they have found some funders, but they might want more than what is being offered, and ST3 isn't willing to give it up.
The other side of it could be the SEC holding things up too or simultaneously which could cause some delays or hinder the debt restructuring causing investors to balk. We have no idea because there is such little communication & updates.
It's been 2 months from the Realiz tokenization bond news, and no update. Then he said he was in talks with Emilio a few weeks ago.
Let's hope we don't finish the year with nothing. Next month will be 4 straight quarters if he doesn't file. I will still be here waiting!
Recent TPTW News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/17/2025 08:29:04 PM
